September 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Fidelity Bank Plc said on Wednesday its pretax profit for the half-year (H1) period ended June 30, 2018 increased 27.3 percent to N13.01 billion from N10.21 billion posted a year ago. Post-tax profit of the Bank rose 31.1 percent to N11.84 billion from […]
Results & Dividends
Access Bank Plc: Poised to Outperform, Despite Fair Performance in H1-18 Result
September 12, 2018/Cordros Update Update: We resume coverage of ACCESS with a BUY recommendation. In its latest result for H1-2018, EPS grew by a marginal by 0.42% vs. H1-17 to NGN1.37. Interest income increased by 15.31%, driven by growth in interest earned on customer loans. However, a faster growth in […]
H2 2018 Breweries Outlook – Volume vs Margin
September 12, 2018/InvestmentOne Report Please click to download the Outlook for Breweries Sector · In recent times, the Nigerian brewery sector has witnessed increased competition, which has begun to change the dynamics of the Nigerian beer market. · To remain competitive, players have begun to adopt strategies ranging from pricing […]
